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Gold Coast row home built by Potter Palmer asks $2.5M

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The stately old greystone home was completed gutted and rebuilt in 2008

35 E. Elm Street
Berkshire Hathaway HomeServices KoenigRubloff

Potter Palmer, the illustrious merchant and developer, is known for helping to reshape State Street, but the legendary business man also made a big mark on the Gold Coast neighborhood. While his colossal mansion is long gone, the Gold Coast still has some stately greystone homes built by Palmer. This residence at 35 E. Elm Street is one such home.

Built in 1886, the limestone clad row home was rebuilt from the ground up in 2008 with newer materials and finishes. With four bedrooms and five and a half bathrooms spread out over 5,500 square feet of space, the home is quite spacious. There’s also a balcony and patio space that is just large enough for grilling and having a few friends out.

The home returns to the market after a nearly six-month break asking $2.499 million. The latest price reduction is the fifth one since the home listed for $2.98 million in February 2016.